Spybiotech Limited

Spybiotech Ltd, based in Oxford, UK, is a holding company with an active status, founded eight years ago in 2017. The company employs fourteen people and holds £14,428,568 in assets. It has a real address and is overseen by six directors and one owner. Google users have given it a perfect 5.0 rating based on one review. The company is an irregular importer, primarily dealing in miscellaneous chemical products, with the last import operation occurring just one month ago.

Spybiotech is a clinical-stage company focused on developing vaccines against infectious diseases and cancer. It utilizes a unique protein superglue technology, the SpyTagSpyCatcher, to create safe and effective vaccines. The company’s pipeline includes a novel vaccine against cytomegalovirus (CMV), a widespread disease lacking effective treatment or prevention. Its website highlights its technology, appointments of key personnel like Dr. Prakash Bhuyan as Chief Medical Officer, and completion of enrollment in a Phase I trial. They're clearly aiming to leverage their platform to address major global health challenges.

Financially, Spybiotech’s recent report shows some concerning trends. Cash and cash equivalents have fallen by 26% to £12 million, while net assets have also declined by 32% to £11 million. Creditors have increased by 47%, suggesting a reliance on external financing, and net losses have grown by 89% to £5.9 million. While the company’s fixed assets have decreased slightly, the most significant change is the substantial increase in accrued liabilities, which rose by 48%. This could indicate increased operational expenses or delayed payments, and it’s something to keep an eye on. The company’s increased government grants, however, may have helped offset some of these losses. The lack of an auditor mentioned suggests that the company is exempt from independent auditing, relying on internal financial controls.

Registered in England/Wales under the registration number 10649320, with a registered address at OX4 2JZ, United Kingdom, Oxford, 7600 The Quorum, Alec Issigonis Way, Oxford Business Park North.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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